The American elections of November 3 are shaking up the political balance and provoking reactions on the cryptocurrency market. After the Democratic victory in the Senate and the House of Representatives, several assets associated with Donald Trump recorded large losses. Despite a partial rebound, these tokens are struggling to regain their previous level. The development comes as the presidential family’s crypto activities could now attract more attention from the US Congress.
In brief
- Trump-related tokens fell nearly 11% after the Democratic victory in Congress.
- The WLFI reached its all-time low before recovering some of its losses.
- The TRUMP and the MELANIA remain well below their historical records, with respective declines of 98% and 99%.
- The presidential family’s crypto activities could be the subject of new parliamentary investigations.
- Companies linked to Trump have already hired lawyers and lobbyists to anticipate possible proceedings.
Trump-linked cryptocurrencies fall after election results
The first electoral trends quickly weighed on the tokens associated with the American president. On the evening of November 3, according to data reported by Bitcoin Newsthe prospects of a Republican defeat caused a wave of selling. The WLFI, token of World Liberty Financial, lost 10% and reached its lowest level ever. At the same time, the presidential couple’s official memecoins also declined. The TRUMP dropped 8%, while the MELANIA recorded an 11% decline.
The move also affected DJTB, a digital asset tied to Trump Media & Technology Group stock. This token lost 8% during this electoral sequence. These different declines show the sensitivity of projects associated with the American president to political changes. Investors particularly reacted to the prospects of a Congress now controlled by Democrats. However, the initial losses did not entirely persist during the following hours.
The tokens then recovered part of their value, with a particularly marked recovery in WLFI. However, this rise remains insufficient to erase the initial losses. The WLFI still showed a decline of almost 5% over twenty-four hours, to $0.049. The TRUMP lost 6%, to $1.49, while the MELANIA fell almost 3%, to $0.072.
Trading volumes also reveal significant differences between the two memecoins. TRUMP recorded nearly $130 million in transactions over twenty-four hours. The MELANIA, on the other hand, only generated $6 million. In addition, WLFI holders have learned that Justin Sun, founder of Tron, is initiating a new legal battle against World Liberty Financial. This announcement, however, did not provoke any notable reaction from the market.
Tokens still far from their historical records
The current correction is not an entirely new phenomenon for cryptocurrencies associated with the American president. Several of these assets had already lost ground over the last twelve months. This development is part of a more general correction in the crypto market. The WLFI thus shows an annual drop of 55%. Its price is also 85% below its all-time high.
The TRUMP presents an even more marked record over this period. The memecoin has lost 79% of its value in twelve months. It now remains 98% below its historic record. The MELANIA shows a more limited annual decline, with a decline of 24%. However, its price remains more than 99% below its all-time high.
These figures show that Trump-related token struggles far precede election results. The Democratic victory therefore comes in a period already marked by a strong depreciation. Investors must now deal with several factors of uncertainty. The performance of these assets will depend in particular on their ability to regain market interest. Their evolution will also remain sensitive to political developments concerning their issuers.
Trump’s crypto activities exposed to new investigations
The presidential family runs World Liberty Financial, a company specializing in cryptocurrencies. TRUMP and MELANIA represent, for their part, the official memecoins of the presidential couple. These links between political activities and digital projects could now attract more attention from Congress. Trump reportedly reported at least $1.4 billion in crypto-asset-related revenue for the year 2025.
The Democratic takeover of Congress thus increases the prospect of parliamentary investigations. Robert Garcia, elected Democrat from California and his party’s main representative on the House Oversight Committee, had already evoked this possibility during the summer. He announced that the activities of the presidential family would be among the priorities of a commission led by Democrats. He notably identified World Liberty Financial as a subject of concern.
This prospect also pushes certain companies concerned to anticipate possible procedures. According to BloombergTrump-linked crypto companies have already hired lawyers and lobbyists ahead of the midterm elections. This approach reflects their preparation in the face of possible reinforced parliamentary control. The American president nevertheless affirms that there is nothing illegal about his family’s digital activities.
However, a Democratic majority in Congress does not guarantee the adoption of new restrictions against the sector. The president retains his power of veto and can block the legislative texts concerned. What happens next will therefore depend on parliamentary initiatives and their ability to obtain sufficient political support. For the tokens concerned, the coming weeks could thus combine regulatory uncertainties and pressure on prices. Their recovery will also depend on the general evolution of the cryptocurrency market.
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